Goldman Sachs Community Etf Profile
| GMUN Etf | 49.14 0.06 0.12% |
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Goldman Sachs is selling at 49.14 as of the 12th of June 2024; that is 0.12 percent up since the beginning of the trading day. The etf's open price was 49.08. Goldman Sachs has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Goldman Sachs Community are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of March 2024 and ending today, the 12th of June 2024. Click here to learn more.
Goldman Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Municipals ETFs, Municipals ETFs (View all Sectors) |
| Issuer | Goldman Sachs |
| Inception Date | 2023-03-07 |
| Benchmark | Bloomberg Goldman Sachs Community Municipal Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 9.81 Million |
| Asset Type | Fixed Income |
| Category | Municipals |
| Focus | Broad Municipals |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Goldman Sachs Asset Management, L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Alexa Gordon, David Westbrook |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 292 |
| Market Maker | Jane Street |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| 200 Day M A | 49.5872 |
| Country Name | USA |
| 50 Day M A | 49.3326 |
| Code | GMUN |
| Updated At | 11th of June 2024 |
| Name | Goldman Sachs Community Municipal Bond ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01FRNXVM6 |
| Type | ETF |
Goldman Sachs Community [GMUN] is traded in USA and was established null. The fund is not classified under any group at this time. The fund currently have in assets under management (AUM).
Check Goldman Sachs Probability Of Bankruptcy
Goldman Sachs Community Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Goldman Sachs market risk premium is the additional return an investor will receive from holding Goldman Sachs long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Goldman Sachs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Goldman Sachs' alpha and beta are two of the key measurements used to evaluate Goldman Sachs' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.38) |
Goldman Sachs Against Markets
Additional Information and Resources on Investing in Goldman Etf
When determining whether Goldman Sachs Community offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Goldman Sachs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Goldman Sachs Community Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Goldman Sachs Community Etf:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Community. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Goldman Sachs Community is measured differently than its book value, which is the value of Goldman that is recorded on the company's balance sheet. Investors also form their own opinion of Goldman Sachs' value that differs from its market value or its book value, called intrinsic value, which is Goldman Sachs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goldman Sachs' market value can be influenced by many factors that don't directly affect Goldman Sachs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goldman Sachs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Goldman Sachs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goldman Sachs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.